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Axis Direct has identified five small-cap stocks with potential upside of as much as 40% after an eight-week stretch of market losses that has sharply reset valuations. The call comes as investors search for selective opportunities in a battered segment of the market, where risk remains elevated but price dislocations have widened.
Axis Bank is preparing a large-scale customer engagement initiative across India to coincide with World Tourism Day, with a particular focus on Goa’s tourism and hospitality ecosystem. The programme is expected to reach more than 5,000 customers and recognise about 1,000 entrepreneurs, underscoring the lender’s effort to deepen ties with consumer and business segments linked to travel-led growth.
Axis Bank is preparing to significantly expand its lending to India’s data centre sector, with exposure projected to double from Rs 8,688 crore over the next three years, according to the latest market context. The move reflects a broader banking shift toward financing the infrastructure underpinning artificial intelligence, cloud computing and digital services, even as lenders weigh concentration risk, long project tenors and execution challenges.
Axis Bank is preparing to substantially expand its financing to India’s data centre sector, with exposure expected to double from about Rs 8,688 crore over the next three years. The move reflects a broader shift in bank lending as artificial intelligence, cloud computing and digital infrastructure create a new class of capital-intensive borrowers. The expansion comes as the government supports data centre growth through enabling policy measures, but the sector still carries execution, power and concentration risks that lenders will need to manage carefully.
Apple Pay has officially launched in India, enabling Axis Bank credit card holders to make contactless payments using Visa and Mastercard cards on Apple devices. The rollout adds a new layer of convenience and privacy to India’s fast-evolving digital payments market, where consumers already rely heavily on UPI and card-based transactions.
Apple Pay has officially gone live in India, enabling Axis Bank Visa and Mastercard credit card holders to make contactless payments through Apple devices. The launch adds a new layer of secure, tokenised checkout options to India’s fast-growing digital payments market, where convenience and fraud reduction remain central consumer priorities.
Milt Windler, the NASA flight director whose calm leadership helped guide Apollo 13 safely back to Earth after a catastrophic explosion in space, has died at 94. His death closes a chapter in the era when mission control became a symbol of American technical discipline, institutional resilience, and high-stakes problem-solving under pressure.
HDFC Bank has appointed Anup Bagchi, a long-serving ICICI Bank executive with deep experience across banking, insurance and financial services, as its new Managing Director and Chief Executive Officer. His appointment takes effect on October 27, succeeding Sashidhar Jagdishan, whose term ends a day earlier, after receiving Reserve Bank of India approval.
The Trump administration has moved $52 million in foreign military financing originally associated with Ukraine and European security priorities toward selected countries in Latin America, according to reporting and congressional criticism. The decision has drawn sharp objections from Senate Democrats, who say the reprogramming lacks legal justification and risks weakening U.S. commitments in Europe while bolstering governments with authoritarian tendencies in the Western Hemisphere.
The Trump administration has redirected tens of millions of dollars in foreign military financing originally tied to Ukraine and Europe toward Latin American governments, including some led by authoritarian-leaning allies. The move has drawn sharp criticism from Senate Democrats, who say the reprogramming may be unlawful and undermines U.S. commitments to European security.
Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. Saha, currently an Executive Director at the lender, brings more than 32 years of experience in financial services and has already handled multiple responsibilities within the bank since joining in January 2026.
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